Innospark Ventures, Inc. is a venture capital firm based in Boston, Massachusetts, founded in 2018. The firm specializes in seed and early-stage investments, focusing on impact-driven startups in the artificial intelligence sector, as well as companies in business services, life sciences, education, and cybersecurity. Innospark Ventures typically invests between $0.5 million and $5 million in its portfolio companies, aiming to support innovative solutions that address significant challenges across various industries.
Copernic Catalysts develops sustainable chemical catalysts and processes.
Phaseshift Technologies
Seed Round in 2024
PhaseShift Technologies is addressing the critical need for new materials that can overcome limitations in performance, efficiency, cost, availability, and sustainability. Traditional material development relies heavily on trial-and-error, requiring costly and time-consuming physical experiments. This approach can extend projects over 10-20 years and cost millions of dollars, with no guarantee of success. PhaseShift's Rapid Alloy Design (RAD)™ technology revolutionizes this process by using AI to create optimized alloys tailored to specific use cases. Paired with Multi-Scale Simulations to accurately predict material performance, RAD™ minimizes the time and effort spent on unsuccessful trials. This leads to faster, more efficient development cycles and a significant reduction in resources required to meet design goals. Through the RAD™ platform, PhaseShift designs a portfolio of innovative alloys, which are commercialized via strategic partnerships with manufacturers.
Haloo
Series A in 2024
Haloo is a company focused on simplifying and democratizing brand protection through its innovative trademark search platform. Designed for marketing and legal teams, Haloo's platform allows users to manage the trademark workflow in one integrated workspace. It offers features such as instant professional trademark searches, streamlined trademark applications, and automated brand enforcement, which collectively enhance the efficiency and affordability of trademark management. By facilitating collaboration between marketing and legal professionals, Haloo addresses the challenges of the traditional trademark process, which can be slow, costly, and prone to errors. The platform is continuously updated in consultation with experts to ensure compliance with current trademark laws and practices, making it a valuable tool for businesses seeking to protect their brand assets effectively. Additionally, Haloo is developing tools to assist in the Web3 space, particularly in combating counterfeit NFTs and helping creators safeguard their intellectual property.
Marigold Health
Series A in 2024
Marigold Health operates a social network community platform designed to provide text-based group therapies for individuals facing mental health and substance use challenges. The platform facilitates anonymous support groups, allowing patients to engage with one another and receive guidance from coaches who have personal recovery experiences. By leveraging AI-augmented chat support, Marigold Health enhances the capacity of care teams while ensuring that patients receive personalized, stigma-free assistance. The company collaborates directly with treatment providers and managed care organizations within the Medicaid market to improve access to on-demand group therapies and foster a supportive community for recovery.
BioIntelligence Technologies
Seed Round in 2024
BioIntelligence Technologies specializes in developing intelligent monitoring instruments and analytics platforms aimed at enhancing bioprocess development in the biotechnology sector. The company provides solutions that enable microorganisms or cells to biosynthesize various molecules. Its platform allows clients to conduct real-time inline measurements of multiple bioprocess variables, including products, nutrients, and intermediate metabolites. By facilitating these measurements, BioIntelligence Technologies helps clients improve conversion yields, reduce product losses, de-risk bioprocess scale-ups, and ultimately maximize profitability in full-scale operations.
Via Scientific
Seed Round in 2024
Via Scientific to help scientists and bioinformaticians generate novel science that improves the world. It was founded in 2022.
Karma Healthcare
Series A in 2023
Karman Healthcare are see a world where everyone has an opportunity and means to access equitable and affordable healthcare.
Odaia
Series B in 2023
ODAIA is a company that has developed an AI-powered Customer Data Platform specifically for the Life Sciences industry. This innovative platform integrates process mining, customer journey mapping, and artificial intelligence to provide commercial insights and automate processes. By leveraging data analysis, ODAIA's solution enables pharmaceutical commercial teams to enhance personalized selling and ensure that therapeutics reach the patients who require them. The platform aims to streamline decision-making and improve the effectiveness of commercial strategies in the healthcare sector.
Persist AI
Seed Round in 2023
Persist assist pharmaceutical companies in developing long-acting formulations 50% faster. Because the formulation development process is manual and relies on scientific intuition, it takes a pharmaceutical company 5-10 years to develop a long acting formulation for a drug. This effort is divided into five years of pre-clinical development and five years of clinical testing. Their goal is to use machine learning and automation to reduce the time required for pre-clinical formulation development to three months, making the formulation development process 50% faster.
Antiverse
Seed Round in 2023
Antiverse is an innovative antibody discovery company that aims to accelerate drug development through its advanced platform. By integrating structural biology, machine learning, and medicine, Antiverse provides solutions to predict antibody-antigen binding and identify potential antibody drug candidates for challenging targets. The company employs machine learning and cell-free protein synthesis to enhance the prediction of antibody affinity for specific antigen targets, allowing pharmaceutical companies and contract research organizations to expedite the antibody hit discovery process. Antiverse is committed to transforming drug development and improving patient outcomes.
Dyania Health
Seed Round in 2022
Dyania Health focuses on enhancing clinical research efficiency through its proprietary Synapsis AI platform. This technology automates manual chart reviews, a traditionally labor-intensive process in healthcare, allowing clinicians to provide timely and effective patient care. Dyania's system is utilized by large healthcare organizations to facilitate enterprise-wide clinical trial pre-screening, conduct automated chart reviews for observational studies, and streamline complex registry reporting. By leveraging artificial intelligence and machine learning to analyze unstructured electronic medical record data, Dyania Health significantly reduces manual workloads, improves the accuracy of clinical research, and enhances the identification of potential candidates for clinical drug trials.
Kreedo Early Childhood Solutions
Seed Round in 2022
Kreedo is an Edtech company that offers customers an end-to-end solution, from naming their preschool, marketing support, layout, admissions process, and so on, to running a premium preschool, which includes curriculum, educational materials, teacher and owner training, and assessment solutions.
Text Mercato
Seed Round in 2022
Text Mercato is a technology-driven content writing solution provider established in 2015 and headquartered in Bangalore, Karnataka. The company specializes in delivering content writing and distribution services tailored for eCommerce platforms, assisting them in onboarding sellers and cataloging products. Text Mercato's custom-built platform utilizes algorithms to ensure high-quality content creation, offering services such as product descriptions, blogs, website content, and copywriting. Additionally, the platform features analytical reporting that assesses content quality based on various metrics, including ratings, word density, and the use of blacklisted words. The pricing model is flexible, varying according to content type, quality expectations, order size, and timelines, thus catering to the diverse needs of eCommerce businesses.
Rubick.ai
Funding Round in 2022
Rubick, established in 2015 is one of the fastest-growing eCommerce enablement platforms leveraging AI to automate the catalog creation. We specialize in cataloging and digital readiness for marketplaces, brands, and sellers. Rubick is a one-stop solution platform for brick-and-mortar Marketplaces & Online businesses. We offer an end-to-end full-stack Product Information, Cataloging, and Marketing platform as a solution for your eCommerce business. Rubick has cataloged over 7Mn SKUs for brands like Decathlon, Just In Time, Amazon, Hudson Bay US, Adidas, TLC UAE, and many more.
Wyebot
Venture Round in 2022
Wyebot, Inc. offers a wireless intelligence and automation platform that leverages artificial intelligence to optimize and analyze wireless networks. Founded in 2016 and based in Marlborough, Massachusetts, the company addresses real-time network issues by automatically identifying problems and providing actionable solutions, thereby reducing the time required for problem resolution and minimizing WiFi-related support tickets. Wyebot’s platform is designed to enhance business continuity by eliminating intermittent WiFi performance issues and is applicable across various sectors, including corporate enterprises, educational institutions, managed service providers, healthcare, and entertainment venues. By utilizing machine learning, IoT, and advanced networking technologies, Wyebot empowers businesses to manage their wireless ecosystems effectively.
ArrePath
Seed Round in 2022
ArrePath is an anti-infective drug discovery company addressing the global health challenge of drug resistant infections.
Entri
Series A in 2022
Entri is a vernacular language learning platform for teachers and students. Up to 750k students and 2300 teachers have used Entri to improve their learning and teaching so far.
Odaia
Series A in 2022
ODAIA is a company that has developed an AI-powered Customer Data Platform specifically for the Life Sciences industry. This innovative platform integrates process mining, customer journey mapping, and artificial intelligence to provide commercial insights and automate processes. By leveraging data analysis, ODAIA's solution enables pharmaceutical commercial teams to enhance personalized selling and ensure that therapeutics reach the patients who require them. The platform aims to streamline decision-making and improve the effectiveness of commercial strategies in the healthcare sector.
Zorus
Series A in 2021
Zorus is the movement of cyber security from on-premise to the Cloud. Cloud based cyber security as a service has several advantages.
Novig
Seed Round in 2021
Novig operates a high-frequency, commission-free sports betting exchange that allows users to bet directly against each other or the market. By providing a platform where bettors can engage with friends and track their performance, Novig eliminates the need for traditional sportsbooks. This model enhances user experience by offering a more direct and interactive approach to sports betting.
AdeptMind
Series A in 2021
AdeptMind Inc. is a Toronto-based company that specializes in developing a deep learning platform designed for online retailers, enhancing the way customers search for products. Founded in 2016, the company employs artificial intelligence and natural language processing to address the common issue of search results in e-commerce, enabling users to find products more effectively. AdeptMind's technology focuses on smart filtering and personalized search results, allowing customers to receive tailored recommendations based on their preferences without relying on third-party services. The platform's innovative approach to product discovery aims to transform the online shopping experience by aligning search functionalities with customer intent.
Deeplite
Seed Round in 2021
Deeplite is a Montreal-based company that specializes in optimization software for deep learning applications, focusing on the deployment of deep neural networks (DNN) on both cloud and edge devices. The company's flagship product, Neutrino, utilizes a proprietary AI engine to automatically streamline DNN models, making them smaller, faster, and more energy-efficient. This technology addresses common challenges associated with deep learning, such as the size and speed of models, which can hinder deployment on smaller hardware and impact battery life in devices. Deeplite's solutions are applicable across various sectors, including automotive, smartphones, smart cameras, and IoT devices, thereby enabling efficient AI integration in everyday technology. By leveraging advancements in tinyML and a unique design space exploration approach, Deeplite empowers clients to optimize their AI investments and enhance their deep learning capabilities.
The Routing Company
Seed Round in 2020
The Routing Company is a technology firm based in Cambridge, Massachusetts, specializing in dynamic vehicle routing and management solutions for public transit. Founded in 2018 by MIT researchers and rideshare industry veterans, the company offers a platform that utilizes proprietary artificial intelligence to optimize shared ride services. Its primary product, the Pingo™ app, allows users to request rides on-demand or in advance, accommodating various operational modes including flex, fixed, and paratransit. By partnering with cities and transit agencies, The Routing Company aims to enhance transport equity, accessibility, cost efficiency, and sustainability in urban mobility. The firm also provides fleet management tools and analytics to support private fleets and demand-responsive transit initiatives.
Encora Therapeutics
Pre Seed Round in 2020
Encora Therapeutics is a Boston-based company founded in 2018 that focuses on developing wearable technology and neurostimulation devices specifically for patients with neurological movement disorders. The company aims to provide personalized, non-invasive solutions that help individuals regain independence and control over their lives. By utilizing advanced signal processing and reinforcement learning techniques, Encora's devices are designed to alleviate tremors in the hands, offering affordable remedies that improve the quality of life for those affected by neurodegenerative conditions.
VideaHealth
Seed Round in 2020
VideaHealth is offers dentistAI’s software automatically detects pathologies in dental imaging, helping dentists avoid missing diseases and effectively communicating treatment recommendations to patients. Today, dentists miss up to 50% of pathologies in dental x-rays. Treatment delays or non-treatment often results in significant health risks for the patient and a loss of revenue for the dentists as he cannot treat missed diseases.
Intelligent Machines Lab
Seed Round in 2020
Intelligent Machines Lab is a practical, traceable, contextual AI solution designed for sparse-data situations to empower their clients. Their products enable real-time research, automate complex assessments, and facilitate quality writing. They offer custom solutions involving the understanding of unstructured content to help their clients solve problems.
Neurable
Series A in 2019
Neurable Inc. is a neurotechnology company based in Cambridge, Massachusetts, founded in 2016. The company focuses on developing artificial intelligence software that translates brain activity into actionable insights, allowing users to control software and devices solely with their thoughts. Neurable's technology facilitates various applications, including gaming, operating toys, and driving vehicles, as well as enhancing experiences in virtual and augmented reality. By leveraging patented signal processing methods and a multidisciplinary approach that combines neuroscience, biology, statistics, and machine learning, Neurable aims to create high-performance brain-computer interfaces that are accessible and user-friendly.
Wyebot
Seed Round in 2019
Wyebot, Inc. offers a wireless intelligence and automation platform that leverages artificial intelligence to optimize and analyze wireless networks. Founded in 2016 and based in Marlborough, Massachusetts, the company addresses real-time network issues by automatically identifying problems and providing actionable solutions, thereby reducing the time required for problem resolution and minimizing WiFi-related support tickets. Wyebot’s platform is designed to enhance business continuity by eliminating intermittent WiFi performance issues and is applicable across various sectors, including corporate enterprises, educational institutions, managed service providers, healthcare, and entertainment venues. By utilizing machine learning, IoT, and advanced networking technologies, Wyebot empowers businesses to manage their wireless ecosystems effectively.
The Routing Company
Seed Round in 2019
The Routing Company is a technology firm based in Cambridge, Massachusetts, specializing in dynamic vehicle routing and management solutions for public transit. Founded in 2018 by MIT researchers and rideshare industry veterans, the company offers a platform that utilizes proprietary artificial intelligence to optimize shared ride services. Its primary product, the Pingo™ app, allows users to request rides on-demand or in advance, accommodating various operational modes including flex, fixed, and paratransit. By partnering with cities and transit agencies, The Routing Company aims to enhance transport equity, accessibility, cost efficiency, and sustainability in urban mobility. The firm also provides fleet management tools and analytics to support private fleets and demand-responsive transit initiatives.
Know Your Meds
Pre Seed Round in 2019
KnowYourMeds is a new, AI based mobile application available on iOS and Android devices. The app provides users with proactive, profile-based information on all the medications you (and your loved ones) are taking. Information consists of dosage instructions, regulatory warnings, drug interactions, reported side and adverse effects as well as interactions with food and drinks. The app provides smart pill reminder features to ensure that you and your dependents never miss a dose, as well as prescription refills. Advanced users will also have access to the latest world-wide articles and peer reviewed medical papers on medications and disease conditions.
Entromy
Pre Seed Round in 2019
Entromy is building a revolutionary real-time platform that can surface very specific key business risks, issues and ideas, previously only possible through days of interviews, consulting engagements, and significant effort. The Entromy Insights Platform (EIP) leverages cutting edge natural language processing capabilities to synthesize insights and deliver flexible infrastructure for real-time organizational health visibility to support business due diligence, PMI, business transformations, rapid growth of distributed teams, and overall business performance.
Ava Robotics
Series A in 2019
Ava Robotics is a robotics technology company that designs and builds intelligent robots for the workplace. Delivering on a vision of robots working with and for people, Ava's technology emphasizes user experience, safety and autonomous mobility to empower people, while advancing business operations and access.
Nutrimedy
Seed Round in 2019
Nutrimedy, Inc. is a company that specializes in telenutrition through its innovative online wellness platform. Founded in 2016 and based in Brookline, Massachusetts, Nutrimedy connects individuals with dietitians nationwide, allowing users to find professionals based on their preferred language and specific dietary needs. Its services include Nutrimedy Core, which links users to dietitians, and nuExpecting, a platform tailored for pregnant individuals. The company focuses on providing personalized nutritional counseling for various health conditions, including diabetes and celiac disease. Additionally, Nutrimedy's B2B solutions partner with healthcare providers and organizations to improve patient access to expert nutrition care, utilizing evidence-based clinical nutrition to enhance health outcomes and address the growing issue of chronic disease.
PathAI
Series B in 2019
PathAI, Inc. is a company that develops artificial intelligence-based technology solutions aimed at enhancing the accuracy and efficiency of pathology laboratories. Founded in 2016 and headquartered in Boston, Massachusetts, with an additional office in Austin, Texas, PathAI's platform utilizes machine and deep learning techniques to process large datasets, enabling pathologists to diagnose cancer and other conditions rapidly and accurately. The technology not only assists in making precise diagnoses but also identifies patients who may benefit from innovative therapies, thereby facilitating personalized medicine. PathAI addresses complex challenges in pathology for both the research and pharmaceutical industries, providing reliable and scalable solutions.
Entri
Seed Round in 2019
Entri is a vernacular language learning platform for teachers and students. Up to 750k students and 2300 teachers have used Entri to improve their learning and teaching so far.
AirWorks
Seed Round in 2019
AirWorks is transforming the mapping process for the construction industry, targeting a significant $12 trillion market. The company's AI-driven platform automates the creation of maps from aerial data, addressing a major data bottleneck in the pre-construction phase. Founded in 2018 as a spin-out from MIT, AirWorks has positioned itself as a leader in automated mapping solutions, which have been adopted by some of the largest civil engineering firms. Its software converts aerial datasets into computer-aided design models, facilitating land developers and engineers in evaluating job sites more efficiently within their planning and acquisition timelines. This innovation accelerates the surveying process by weeks and consolidates existing information into a centralized database, enhancing operational efficiency across the industry.
English Helper
Venture Round in 2019
EnglishHelper Technologies Pvt. Ltd was established in 2009 and is a wholly owned subsidiary of the Boston-based EnglishHelper Inc. We offer unique technology solutions to improve English language proficiency. English is increasingly the language of choice in today’s social and business environments. English speaking and comprehension skills can help fulfill the aspirations of millions of people. EH’s new age technology solutions aim to make the English language comprehensible and easy. They take the pain out of learning English. EnglishHelper™ is seeking to make a difference by helping people become English literate as relevant to their context. We are committed to promoting technology enabled learning, in an affordable way, to large numbers of people across a range of user groups. EnglishHelper™ solutions are today used by schools, higher education students, skill building organisations, companies, and individuals from all walks of life.
Javelin Biotech
Pre Seed Round in 2019
Javelin Biotech specializes in predictive drug discovery, focusing on improving the accuracy of drug performance predictions in humans. The company offers a platform that integrates human-relevant in-vitro data with computational biology and data analytics, aiding biopharmaceutical companies in optimizing absorption, distribution, metabolism, excretion, and toxicity (ADME(T)) along with pharmacodynamics (PD) properties. By providing these tools, Javelin Biotech accelerates the preclinical drug discovery and development process, helping teams identify relevant human targets more effectively. This innovative approach enhances the overall efficiency of drug discovery and increases the likelihood of successful drug approvals.
Olaris
Venture Round in 2019
Olaris is dedicated to transforming disease diagnosis and treatment through its innovative CEREBRO platform, which integrates metabolomics and machine learning. This platform focuses on the Comprehensive Early Responsive Evaluation of Biomarkers Related to Outcomes, enabling the identification of biomarkers that can optimize patient treatment. By developing the myOLARIS™ precision diagnostics, Olaris aims to match the right drug to the right patient, enhancing clinical outcomes while minimizing adverse events. Founded in 2013 and headquartered in Framingham, Massachusetts, the company collaborates with healthcare providers to improve patient care through advanced diagnostic solutions.
Rize
Series B in 2018
Rize Inc. is a Woburn, Massachusetts-based company specializing in the manufacturing and marketing of full-color, multi-material 3D printers. Founded in 2012, Rize has developed hybrid 3D printing technology that combines material extrusion and material jetting. This innovation allows for the production of parts that closely resemble injection-molded components while offering an office-friendly, one-touch experience. Rize's solutions cater to a range of applications, including additive manufacturing for prototyping, service parts, and tooling. The company's focus on sustainability and inclusivity aims to facilitate scalable additive innovation, enabling businesses of all sizes to leverage advanced 3D printing technologies efficiently and cost-effectively.
English Helper
Seed Round in 2017
EnglishHelper Technologies Pvt. Ltd was established in 2009 and is a wholly owned subsidiary of the Boston-based EnglishHelper Inc. We offer unique technology solutions to improve English language proficiency. English is increasingly the language of choice in today’s social and business environments. English speaking and comprehension skills can help fulfill the aspirations of millions of people. EH’s new age technology solutions aim to make the English language comprehensible and easy. They take the pain out of learning English. EnglishHelper™ is seeking to make a difference by helping people become English literate as relevant to their context. We are committed to promoting technology enabled learning, in an affordable way, to large numbers of people across a range of user groups. EnglishHelper™ solutions are today used by schools, higher education students, skill building organisations, companies, and individuals from all walks of life.
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